Eastern District of Texas Announces Multi-Year Investigation into Transnational Cryptocurrency Money Laundering Networks
PLANO, Texas – A Nigerian national has pleaded guilty to federal violations in the Eastern District of Texas, announced Acting U.S. Attorney Nicholas J. Ganjei.
Sobanke Idris Sunday Adereti, 24, pleaded guilty to false use of a passport and attempted bank fraud today before U.S. Magistrate Judge Kimberly Priest Johnson.
According to information presented in court, Adereti knowingly used a false passport in an attempt to open a bank account for the purpose of furthering fraud schemes and engaging in money mule activity.
“A significant danger of document fraud is that it helps fraudsters move their ill-gotten gains through the US bank system by concealing it in legitimate-looking bank accounts,” said Acting U.S. Attorney Nicholas J. Ganjei, adding, “this not only affects our banks but also the individual victims whose identities were used to open the accounts. Thanks to astute bank employees and the quick work of law enforcement, this defendant was prevented from further fraud against innocent victims.”
If you or someone you know is age 60 or older and has been a victim of financial fraud, help is standing by at the National Elder Fraud Hotline: 1-833-FRAUD-11 (1-833-372-8311). This U.S. Department of Justice hotline, managed by the Office for Victims of Crime, is staffed by experienced professionals who provide personalized support to callers by assessing the needs of the victim, and identifying relevant next steps. Case managers will identify appropriate reporting agencies, provide information to callers to assist them in reporting, connect callers directly with appropriate agencies, and provide resources and referrals, on a case-by-case basis. Reporting is the first step. Reporting can help authorities identify those who commit fraud and reporting certain financial losses due to fraud as soon as possible can increase the likelihood of recovering losses. The hotline is staffed 10am-6pm Eastern Time, Monday-Friday. English, Spanish, and other languages are available.
The case was investigated by the Diplomatic Security Service of the U.S. Department of State, the U.S. Secret Service, the U.S. Small Business Administration-Office of Inspector General, and with assistance from the Federal Bureau of Investigation.